Ethereum’s supply is on the rise again, which has some people worried about its price. Unlike Bitcoin and Cardano, which have a fixed supply, Ethereum has an unlimited supply. This means that new Ethereum tokens are constantly being created, which can lead to inflation. The latest data shows that over the past seven days, 16,039…
A new report has put 94 US banks on high alert, warning they could face a run by depositors if they show any signs of financial trouble. Big Names at Risk The report, from Florida Atlantic University, found that these banks have a high percentage of uninsured deposits, meaning depositors could lose money if the…
Bitcoin is still in the early stages of a bull market, according to Bitcoin veteran and Blockstream CEO Adam Back. He believes the price could skyrocket by more than 700% from its current value. Bitcoin’s Bullish Run Back sees a lot of potential for Bitcoin to grow. He says the long-term holding of Bitcoin by…
A popular crypto analyst is warning that Bitcoin could take a big dive if it can’t hold onto a crucial support level. Bitcoin Could Fall Below $50,000 Michaël van de Poppe, who has a huge following on social media, says Bitcoin could drop below $50,000 if it loses its current support level of around $56,000….
A financial expert, Jamie Coutts, thinks Bitcoin could hit six figures this year. He says Bitcoin is likely to see smaller gains this time around compared to the massive rallies in 2017 and 2020. Bitcoin’s Potential Growth Coutts predicts Bitcoin could rise by 200% this year. He believes this will happen if the US dollar…
The crypto market has been a bit of a rollercoaster lately, and Bitcoin hasn’t been immune to the ups and downs. While many are hoping for a return to the bull market, some on-chain data suggests that things might not be as rosy as they seem. Selling Pressure in the Bitcoin Market A recent analysis…
Bitcoin has been stuck in a rut lately, failing to break above $65,000. While bulls and bears are battling it out, one analyst believes the market is leaning towards bearish territory. The Spot-Perpetual Gap: A Sign of Selling Pressure CryptoQuant analyst XBTManager has pointed out a concerning trend: the gap between Bitcoin’s spot price and…
Cryptocurrency is booming, but so is the threat of theft. Hackers are getting bolder, and the amount of money they’re stealing is skyrocketing. More Money Stolen, More Hacks? In the first seven months of 2024, hackers have stolen a whopping $1.6 billion worth of crypto. That’s almost double what was stolen in the same period…
What the MVRV Ratio Tells Us Bitcoin took a tumble last week, dropping below $57,000. While it’s showing signs of recovery, some analysts think this might be the start of a bearish trend. One popular crypto analyst, Ali Martinez, points to the MVRV (Market Value to Realized Value) ratio as a key indicator. This ratio…
The memecoin craze is still going strong, especially on Solana. Pump.fun, a platform that lets people easily create memecoins on Solana, has been super popular. But now, Justin Sun is bringing the memecoin party to Tron with SunPump. SunPump: Tron’s Memecoin Launchpad SunPump is basically Tron’s version of Pump.fun. It aims to make creating and…
